The Daily Money: Why 'reverse discrimination' claims are on the rise
A concept that first emerged in the 1970s as a backlash to 1960s-era civil rights laws to fix racial disparities in the workplace is making a comeback today: "reverse discrimination."
Emboldened by a Supreme Court ruling last summer striking down affirmative action in education, conservative activists like Edward Blum are bringing claims alleging that white Americans are being denied opportunities so that corporations can hire and promote more people of color and achieve diversity goals.
Historically reverse discrimination claims are rare, but there has been a recent uptick in lawsuits challenging diversity initiatives.
The claims are not just being brought by political advocacy groups. Individual employees and groups of employees are also filing legal challenges.
Why your tax filing season should start now
You have months until the deadline to file your 2023 taxes. But there are reasons why you shouldn't wait.
Tax season typically opens in late January when the IRS officially starts accepting and processing tax filings. You usually have until April 15 to file, unless it's a holiday or weekend, which gives you more time to submit your taxes.
Professionals, however, urge most people to prepare now and get them done as soon as possible, if for no other reason than to get their refund quicker.
“Refunds were down a little last year due to waning pandemic benefits, but I think it has settled and may be up because of inflation adjustments,” said Mark Steber, chief tax officer at tax preparer Jackson Hewitt.
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